Ghana’s economy is developing abnormally_Allotey Jacobs

The Central Regional Chairman of the opposition National Democratic Congress (NDC) has described as abysmal the New Patriotic Party (NPP) management of the economy with just 11-months in office.

The Finance Minister, Ken Ofori-Atta, will on Wednesday, November 14, 2017, present the 2018 Budget and Economic Policy of the government to Parliament.

The budget is, therefore, expected to focus on ensuring macroeconomic stability, transforming agriculture and industry, strengthening social protection and inclusion, building on economic and social infrastructure and reforming public service delivery institutions.

The Finance Minister is expected to announce a number of initiatives towards stimulating economic activities and ultimately ensuring economic growth and the creation of jobs.

Mr. Ofori-Atta, according to sources close to the Ministry of Finance, would also articulate strategies meant to ensure that the private sector led the economic growth and transformation.

But Allotey Jacobs on radio Dwaso Nsem Tuesday said the economy has grown from bad to worse.

He said given the incompetent nature in which the economy has been handled the country would face hardships similar to the endemic poverty the country experienced in 1983.